-Down to Earth Demand minimum support price of above Rs 2,000 per 100 kg; say present MSP does not meet even cost of cultivation Maharashtra government has recently announced the minimum support price for wheat at Rs 1,400 per quintal (100 kg). The decision has not gone down well with either the farmers or the agriculture department. Farmers in the state have questioned the rationale behind this low MSP, saying that such...
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Forced labour 'making $150bn profit' - ILO report
-BBC Forced labour generates illegal profits of at least $150bn (£90bn; 110bn euros) a year, a study by the International Labour Organization (ILO) says. The profits are far higher than previous estimates and the ILO wants governments to tackle the problem. Some 21 million people worldwide are in forced labour, it says, with migrant workers most vulnerable. Over half of all forced labourers work in Asia, with 18% in Africa and almost 10% in...
More »Lucrative but ‘fundamentally evil,’ forced labour must be eradicated once and for all –UN agency
-The United Nations Millions of people suffering under the yoke of modern slavery - more than half are women and girls primarily in commercial sex trade or domestic work - are generating some $150 billion a year in illegal profits for the people who are exploiting them, according to a new report released today by the United Nations International Labour Organization (ILO). The startling new report, Profits and Poverty: The Economics of Forced...
More »Seeds of doubt in Gujarat's agri story-Sanjeeb Mukherjee
-The Business Standard Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...
More »Foodgrain output set to break record, cross 264 million tonnes-Jyotika Sood
-Down to Earth Advance estimates by agriculture ministry project 0.8 million tonnes increase in production over earlier estimate despite freak weather event The unseasonal rains and hail in March this year seem to have had little effect on overall crop production estimation. India is going to witness its highest foodgrain production of 264 milllion tonnes, according to the third advance estimates for 2013-14, released by the Union agriculture ministry on Friday. It...
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